More local companies benefitting from trade war

According to PIE group managing director Alvin Mui(pic), some of these projects came to PIE as a result of the US-China trade war.

PETALING JAYA: At least two more locally listed companies have jumped on the bandwagon to explore new opportunities stemming from the escalating US-China trade war.

Penang-based PIE Industrial Bhd is negotiating to secure electronic manufacturing projects with China-based parties while Johor-based furniture maker Wegmans Holdings Bhd is said to be in talks with China partners who are keen to use the latter’s facilities in Malaysia for their future exports.